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A Microsoft executive confirmed the release of a new Xbox
console, while talking to the media about Microsoft's new
Outlook.com email platform.

Speaking on the The Verge's August 3 podcast, General
Manager Brian Hall said that Hotmail's transition into
Outlook.com came "right in time for the new wave of
products that we have coming out, with Windows 8, with the
new version of Office, with the new Windows Phone and the
new Xbox."

The "accidental" confirmation shows that the next Xbox is
an everyday reality for Microsoft.

The console's codename had previously been outed as
Durango, with Microsoft priming third-party developers
early in 2012, and it's expected to launch late 2013.

However, "clarifying" Hall's own words, Microsoft urged to explainthat the phrase "new Xbox" in fact refers to a "new Xbox update" due for deployment this fall.

"When Brian mentioned a 'new wave of products,' he was referring to the full lineup of products coming later this year from Microsoft, including Windows 8, Office, Windows Phone and of course our fall Xbox update which will bring a host of new consumer experiences like Xbox Music, Videos, Games on Windows 8 and Xbox SmartGlass," Microsoft said in a statement.

The PlayStation 4 console, also currently known by the name
Orbis, is thought to be on track for announcement the same
year; Nintendo's Wii U is due late 2012, PC-powered virtual
reality headset Oculus Rift has December 2012 targeted, and
the Android-powered cube Ouya is scheduled for March 2013.